Powerco today made a formal application to the Commerce Commission for a customised price-quality path (CPP). This follows Powerco's release of its preliminary proposal for public consultation in January.
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Powerco today released a proposal to invest up to $1.4 billion upgrading the electricity networks supplying Coromandel, Eastern and Southern Waikato, Western Bay of Plenty, Taranaki, Whanganui, Manawatu, Tararua and Wairarapa.
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Wairarapa celebrates the opening of its first fast charge electric vehicle station in Featherston on Friday [November 25] - a milestone that opens the gateway between Wairarapa and Wellington to private transport of the future.
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Thames, a town whose history is steeped in gold mining, transport and grass-roots industry, will this week step into a greener future with the opening of its first electric vehicle fast charging station.
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Powerco will this week begin construction of a temporary overhead power line in central Palmerston North to secure the electricity supply to the city's central business district, following the failure of one of the three cables supplying its Main Street Substation.
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Palmerston North's national Wildbase Recovery project has taken another step towards becoming a reality thanks to a $100,000 contribution from Powerco. The company will be the naming sponsor of the Wildbase Recovery Education Centre.
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Powerco has announced that combined electricity distribution and transmission charges for more than 325,000 customers across the North Island will drop by just under half a percent, effective 1 April 2015.
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High winds and falling trees have torn down power lines at hundreds of sites across the North Island and Powerco is urging people to keep themselves and their children well clear until they are repaired.
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Powerco Interim Chair Murray Bain today announced the company had made a net profit after tax of $35.4 million in the six months to 30 September 2013, compared with $40.2 million for the corresponding period in 2012.
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Powerco's stand at the national fieldays last week was a hit with the public, with around 3300 surveys completed over the four days, providing vital information about people's view of their electricity supply.
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A desire to capture stories of Kiwis rising to the challenge of delivering energy to their fellow New Zealanders for more than a century was behind the publication of A History of Powerco - Delivering New Zealand's Energy Future.
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